Thursday, 8 October 2026

Eni CCUS Holding has completed installation of the Douglas CCS platform in Liverpool Bay, which the company describes as the world's first purpose-built offshore platform dedicated to carbon capture and storage for industrial decarbonization, according to Offshore Engineer OEDigital. The venture is jointly owned by Eni and BlackRock's Global Infrastructure Partners.

The platform will act as the offshore hub of the Liverpool Bay CO2 transportation and storage system, which forms the backbone of the HyNet industrial decarbonization cluster, according to Offshore Engineer OEDigital.

The structure comprises a 1,885-tonne topside, a 1,755-tonne supporting jacket and eight foundation piles with a combined weight of 730 tonnes, according to Offshore Engineer OEDigital.

The facility was delivered in less than 18 months from contract award, according to Offshore Engineer OEDigital.

Senior climate officials have promised to strengthen efforts to limit global warming to 1.5 degrees Celsius, despite an expected overshoot, and to help Pacific islands adapt to rising seas and other impacts, according to Climate Home News.

More than 30 leaders, ministers, climate negotiators and international development bankers travelled to Tuvalu before attending the pre-COP31 talks in Fiji, Climate Home News reported. Schoolchildren told the visitors how warming-driven droughts, heatwaves and storms are affecting their education.

Australia and Pacific nations sought to use the pre-COP to stress the urgency of climate action to officials from around 50 countries who travelled to the region, according to Climate Home News.

Finance ministers, central bankers and development leaders are set to gather in Bangkok for the IMF-World Bank Annual Meetings from October 12 to 18. The meetings will test the global finance response to energy, debt and climate pressures.

The gathering comes as countries face fossil-fuel supply disruptions, rising debt burdens, higher financing costs and increasingly severe climate impacts.

The Bangkok meetings are expected to pressure international financial institutions and their shareholders to show how finance can support economic investment, climate resilience and energy security.